Retail #Bitcoin investors are making a comeback! The number | Crypto_Awad na Binance Square

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Retail #Bitcoin investors are making a comeback! The number of new $BTC  addresses on the network surged to 352,124, marking the highest level since April.

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Jito Finance (JTO) Currently, it is trading at a discount of 47.69% from its all-time high level of $5.28. Since the all-time high formation, the bullish failure to end the lower-high trend formation led to a resistance trendline. The recent reversal from the $1.86 mark has resulted in a breakout rally, reaching the 50% Fibonacci level at $3.15. However, the DeFi token now retests the 38.20% Fibonacci level and the 200-day SMA line with a quick reversal. As the 50-day and 100-day SMA line give a positive crossover, the chances of a post-retest reversal for JTO token have significantly increased. Considering the trend-based Fibonacci levels, a new all-time high in JTO finance will find the price target at $7.00 and $10.20. These price targets are derived from the 1.272 and 1.618 Fibonacci levels. What is Pendle’s key resistance level? The 78.6% Fibonacci level at $5.4498 is a critical resistance, with a breakout potentially leading to new highs. What are the price targets for JTO? Fibonacci targets suggest JTO could reach $7.00 (1.272 level) and $10.20 (1.618 level) after a post-retest rally. What are the key technical levels for Jupiter (JUP)? The $1.00 psychological mark (50% Fibonacci) acts as support, while resistance lies at $1.20 (61.8% Fibonacci level).$JTO

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Jupiter (JUP) With a market cap of $1.5 billion, the Jupiter token is currently trading at $1.13. Over the past 24 hours, the altcoin has increased by 5.25% and is currently at a discount of 45% from its all-time high level of $2.04. Over the last 30 days, it has increased by 35%, revealing a bullish trend in action. In the daily chart, the Jupiter price action shows a triangle breakout rally gaining momentum. This has led to a higher high formation in the daily price trend and a reclamation of the 50% Fibonacci level at the $1.00 psychological mark. The bullish surge has resulted in a positive crossover between the 50-day and 200-day SMA line. This marks a golden crossover and increases the uptrend continuation chances. Currently, with a bullish engulfing candle, the JUP price action shows a poor status reversal from the $1.00 mark. Further, the bull run is struggling to reduce the 61.8% Fibonacci level at $1.20. However, as a rising DEX over the Solana network, Jupiter shows massive momentum. The Fibonacci levels being the upside target at $2.26 and $3.16 at $1.272 and $1.618 levels. $JUP

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